M-KOPA Nigeria Lends $141M to Informal Workers in 2025
A fintech company just helped one million Nigerians access their first smartphones and loans worth ₦231 billion. For informal workers long ignored by banks, it's changing how they earn a living.
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6 results for "nigeria fintech"
Nigeria to Make Digital Payments Cheaper for Small Businesses
Nigeria's fintech regulators are set to make instant digital payments cheaper and easier for merchants in 2026. The move comes as consumers increasingly prefer account-to-account transfers over traditional card payments.
Nigerian Merchants Get Insurance Through Doroki Partnership
Thousands of small business owners in Nigeria can now protect their shops, cash, and payment devices through a new insurance partnership. Doroki merchants gain access to affordable coverage designed specifically for their everyday business risks.
Nigerian Platform Pays Investors Nine Figures in First Year
A Nigerian hire-purchase platform just proved that asset-backed investing can work for everyday people. In its first year, Ijeawele Invest deployed 200 vehicles, onboarded 300 investors, and delivered consistent returns while helping 200 drivers work toward vehicle ownership.
Nigeria's Fintechs Call Regulators Fair But Want Faster Action
A new Central Bank of Nigeria report reveals fintech companies see regulators as balanced, not barriers. But approval delays of up to a year are still slowing innovation across Africa's largest economy.
Nigeria's Kuda Bank Gets National License, Opens New Branches
Digital bank Kuda just earned a major upgrade that will bring physical support centers to customers across Nigeria. The move shows how successful fintechs are bridging the gap between digital convenience and in-person service.